Rhode Island Uses in ALL SUMS OUTSTANDING AND ALL OBLIGATIONS OUTSTANDING UNDER THE CONSIGNMENT FACILITY WILL BE DUE ANDPAYABLE IN FULL UPON THE EARLIER OF (i) THE OCCURRENCE OF AN EVENT OF DEFAULT AND CONSIGNORS ACCELERATION OF THE OBLIGATIONS, OR (ii) THE EFFECTIVE DATE OF TERMINATION OF THIS AGREEMENT PURSUANT TO SECTION 2.10(a Clause

ALL SUMS OUTSTANDING AND ALL OBLIGATIONS OUTSTANDING UNDER THE CONSIGNMENT FACILITY WILL BE DUE ANDPAYABLE IN FULL UPON THE EARLIER OF (i) THE OCCURRENCE OF AN EVENT OF DEFAULT AND CONSIGNORS ACCELERATION OF THE OBLIGATIONS, OR (ii) THE EFFECTIVE DATE OF TERMINATION OF THIS AGREEMENT PURSUANT TO SECTION 2.10(a from Consignment Agreement

AGY HOLDING CORP., a Delaware corporation (Holding), AGY AIKEN LLC, a Delaware limited liability company (Aiken). and AGY HUNTINGDON LLC, a Delaware limited liability company (Huntingdon; Holding, Aiken and Huntingdon are herein collectively referred to herein as Customer).

ALL SUMS OUTSTANDING AND ALL OBLIGATIONS OUTSTANDING UNDER THE CONSIGNMENT FACILITY WILL BE DUE ANDPAYABLE IN FULL UPON THE EARLIER OF (i) THE OCCURRENCE OF AN EVENT OF DEFAULT AND CONSIGNORS ACCELERATION OF THE OBLIGATIONS, OR (ii) THE EFFECTIVE DATE OF TERMINATION OF THIS AGREEMENT PURSUANT TO SECTION 2.10(a. Upon termination of the Consignment Facility, Consignor may credit any amounts then held by it to reduce the amount of such Obligations in accordance with the provisions of Section 11 hereof. Termination of the Consignment Facility shall not affect Customers duty to pay and perform its Obligations to Consignor under the Consignment Facility in full. Notwithstanding termination, until all Obligations have been fully satisfied, Consignor shall retain the Consignment interests retained under this Agreement, and, except for those specific covenants and conditions dealing with the consigning of Precious Metal, all terms and conditions of this Agreement shall remain in full force and effect.